Lazard Completes Campbell Lutyens Deal, Launches Lazard CL Unit
Lazard finalizes its acquisition of Campbell Lutyens and unveils Lazard CL, positioning the combined firm as a global private capital advisory leader.
Lazard, Inc. completed its acquisition of Campbell Lutyens on Nov. 2, 2026, the New York- and London-based financial advisory firm announced, capping a deal first disclosed roughly six months earlier. The transaction gave rise to a newly branded entity, Lazard CL, which the company describes as the global leader in private capital advisory services.
The deal, originally announced April 30, 2026, marks a significant expansion of Lazard's advisory footprint into the private capital market, a segment that has grown substantially as institutional investors have shifted allocations toward alternative assets. By absorbing Campbell Lutyens, a firm with established relationships across private equity, infrastructure, and private debt fundraising, Lazard gains dedicated capabilities that complement its existing financial and strategic advisory businesses.
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The launch of Lazard CL signals the firm's intent to compete at scale in an advisory arena where placement agents and secondaries advisers have seen elevated deal volumes. Private capital fundraising has become increasingly complex for asset managers navigating fragmented investor bases across multiple geographies, and the combined platform is positioned to address that demand globally.
Lazard trades on the New York Stock Exchange under the ticker LAZ. The financial terms of the Campbell Lutyens acquisition were not disclosed in the announcement.
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